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Haha i feel bad for them - they get sounded out as useless by most brokers (frustrated by poor vals effecting deals), by angry customers and just by the average Joe. Not sure about the education part - probably to understand drivers of markets, or perhaps its just 'red tape' regulation...

This is slightly irrelevant - but my partner did a thesis paper on this topic exactly - 'How much do people think their home is worth?'. She had a subset of data collected by some agency - where people estimated their house value, got it valued/went to auction, compared the results. From...